Minntac Mining Holding Company definition

Minntac Mining Holding Company means any direct Subsidiary of the Company that (i) is an immediate parent entity of a Minntac Mining Subsidiary and
Minntac Mining Holding Company means any direct Subsidiary of the Company that (i) is an immediate parent entity of a Minntac Mining Subsidiary and (ii) has no operations or assets other than ownership of the Capital Stock of any Minntac Mining Subsidiaries.

Examples of Minntac Mining Holding Company in a sentence

  • The Company covenants and agrees that, upon the sale, transfer or other disposition of assets that constitute Collateral to a Minntac Mining Subsidiary, it shall form a Minntac Mining Holding Company that has no operations or assets other than ownership of the Capital Stock of any Minntac Mining Subsidiaries.